{"id":33485,"date":"2018-04-17T07:47:59","date_gmt":"2018-04-17T12:47:59","guid":{"rendered":"http:\/\/olduvai.ca\/?p=33485"},"modified":"2018-04-17T07:47:59","modified_gmt":"2018-04-17T12:47:59","slug":"is-the-petro-yuan-a-credible-challenge-to-dollar-supremacy","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=33485","title":{"rendered":"Is the \u201cPetro-Yuan\u201d a Credible Challenge to Dollar Supremacy?"},"content":{"rendered":"<header>\n<h3 class=\"entry-title\"><a href=\"https:\/\/wolfstreet.com\/2018\/04\/15\/is-the-petro-yuan-a-credible-challenge-to-dollar-supremacy\/\">Is the \u201cPetro-Yuan\u201d a Credible Challenge to Dollar Supremacy?<\/a><\/h3>\n<\/header>\n<div class=\"entry-content\">\n<p><strong>Wolf Richter with Jim Goddard on <a href=\"http:\/\/www.howestreet.com\/\" target=\"_blank\" rel=\"noopener\">This Week in Money<\/a>:<\/strong><\/p>\n<p>China latest effort to get its currency to be used globally is the \u201cpetro-yuan.\u201d Is it a credible challenge to the supremacy of the US dollar? If China dumped US Treasuries, what would that accomplish? And more\u2026<\/p>\n<div class=\"responsive-video-wrapper\"><iframe loading=\"lazy\" src=\"https:\/\/www.youtube.com\/embed\/gN9xVVxXVSw?start=1545&amp;feature=oembed\" width=\"300\" height=\"150\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\" data-mce-fragment=\"1\"><\/iframe><\/div>\n<p>Central banks around the world seem leery about the Chinese yuan. Read\u2026\u00a0 <a href=\"https:\/\/wolfstreet.com\/2018\/03\/30\/what-could-knock-the-dollar-down-as-top-global-reserve-currency\/\">What Could Dethrone the Dollar as Top Reserve Currency?<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Is the \u201cPetro-Yuan\u201d a Credible Challenge to Dollar Supremacy? Wolf Richter with Jim Goddard on This Week in Money: China latest effort to get its currency to be used globally is the \u201cpetro-yuan.\u201d Is it a credible challenge to the supremacy of the US dollar? If China dumped US Treasuries, what would that accomplish? And [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[130,17488,18654,827,839,4254,4255],"class_list":["post-33485","post","type-post","status-publish","format-standard","hentry","category-economics","tag-china","tag-petro-yuan","tag-this-week-in-money","tag-united-states","tag-us-dollar","tag-wolf-richter","tag-wolfstreet"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/33485","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=33485"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/33485\/revisions"}],"predecessor-version":[{"id":33486,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/33485\/revisions\/33486"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=33485"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=33485"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=33485"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}